What's Happening?
Hurst Green Plastics, a Lancashire-based manufacturer, has been awarded The King’s Award for Enterprise in Innovation for its TwinBin Live system. The award was presented by the Lord Lieutenant of Lancashire at BAE Systems’ Warton Aerodrome. The TwinBin Live system is a real-time inventory management solution used globally in industries such as aerospace and healthcare. The company, founded over 45 years ago, has expanded its product line to include various inventory management solutions, supporting local industry and maintaining high quality standards.
Why It's Important?
Receiving The King’s Award for Innovation is a significant achievement for Hurst Green Plastics, enhancing its reputation as a leader in inventory management solutions. This recognition can lead to increased business opportunities and partnerships, particularly in sectors that require precise stock control. The award also highlights the importance of innovation in manufacturing, encouraging other companies to invest in research and development to improve efficiency and productivity. The success of Hurst Green Plastics demonstrates the potential for small businesses to compete globally through innovative solutions.